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951 Ravenwood Drive

951 Ravenwood Drive, Morristown, TN 37814
Property in Hamblen
Sold Mar 01, 2021
$235,000
$171,650 by Mortgage Investors Group Inc
Mortgage Due Mar 01, 2051
Sold Jun 23, 2006
Transfer
951 Ravenwood Drive in Morristown, TN was first built in 1993 and is 31 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 951 Ravenwood Drive has 2,492 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,470 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 80,150 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 951 Ravenwood Drive sold most recently in Feb 25, 2021 for a total of $235,000. If you work out the math, that's approximately a cost of $76.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $828 in taxes each year. 951 Ravenwood Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $42,050. If we break it down further, the land itself was valued at $8,100. Improvements to the property, however, were assessed at a total of $33,950. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,470
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 80,150
  • Total Building Area: 3,092
  • Gross Building Area: 3,204
  • Building Area: 2,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,492
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRENTWOOD 4
  • Land Acres: 1.84
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRENTWOOD 4 PB: C PG: 65 LOT: 59

Ownership

  • Current Owner : BURKHART STEPHEN P
  • Current Owner 2: BURKHART DEBORAH M
  • Previous Owner : GOINS CONNIE
  • Previous Owner 2: GOINS RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamblen County School District
  • Census Tract: 100900

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 040O
  • District: 02
  • Parcel: 040O-C-025.00
  • Lot: 59
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.1977
  • Longitude: -83.3705

    Address

  • Full Address: 951 Ravenwood Dr
  • Address - House Number: 951
  • Address - Street Name: Ravenwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R012
  • 4-Digit Zip Code: 1214
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,622
  • Tax Year: 2023
  • Tax Amount: $828
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 438,370
  • High Value: 639,641
  • Low Value: 237,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,650
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $171,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $168,200
  • Market Land Value: $32,400
  • Market Improvement Value: $135,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $42,050
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $33,950

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11822847808
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21001772
  • Previous Sale Recording Date: Jun 23, 2006
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $171,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Hamblen



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Frequently Asked Questions

What neighborhood is 951 Ravenwood Drive located in?
The 951 Ravenwood Drive is a located in the neighborhood of Hamblen in Hamblen, Morristown.
What is the average sales price for listings in 951 Ravenwood Drive?
The average sales price for units in 951 Ravenwood Drive is $0 currently.

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